Order Description
Scenario
You have been hired as a business analyst for a well-known design firm. Currently, they utilize technology for their day-to-day operations but not to analyze data that could help with making business decisions. Your task is to convince management that the usage of business analytics would be a great benefit to the business and it would help the business to make well-informed decisions and thus action plans that would align with the business’s strategic planning.
The firm currently has technology in place but does not have any connected systems. The name of the company is called G Vision. G Vision invents products and sells them on the market. The company’s databases are all independent of each other but they do utilize a client/server environment. The firm currently has one location but is looking to add a second location in another part of the state but is unsure about whether it would be beneficial to the firm.
Instructions
Using online AND library resources and the Internet, research business analytics implementation plans, especially methods of developing a rationale in support of implementation. Select at least 6 scholarly sources for use in this assignment.
Amend your existing proposal addressing the importance of Management Information Systems and managing the data for the organization.
Please ensure to answer these Objectives of proposals:
1. Explain the importance of Management Information Systems in relation to data-driven decisions.
2. Describe the techniques and tools that can be utilized to manage the data. Include at least 2 effective techniques and 3 effective tools.
3. Explain how the techniques and tools can be utilized to present data to management and other organizational decision makers. Be sure to include at least 3 innovative examples that follow current best practices for managing data.
4. Explain to management how the data can add value to the business in day-to-day operations as well as long-term strategic planning. Use examples to further demonstrate how value is added to an existing organization.
Write the paper from the perspective that it will be presented to the firm’s management team as you are trying to persuade them to utilize business analytics for data-driven decision making.